5+ Days Ago
Location
4601 48 Ave, Red Deer, AB T4N 3S8, CAN|Downtown Red Deer
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Property Overview
Beautiful 2 Bedroom Unit in Parkvale offers strong overall value, with an expert rating of 8.3/10 and a perfect 10/10 price score indicating excellent balance between cost and quality. Renters benefit from an impressive 8/10 amenities rating, a standout 9/10 location for everyday convenience, and a solid 7/10 trustworthiness score supported by a detailed listing and 10 helpful property photos.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images Available
Floor plans
| 2 bedroom 1 bathroom | 2 bed | 1 bath | $1,295 /mo | 1 unit available |
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Amenities for Beautiful 2 Bedroom Unit in Parkvale!!
Appliances
| Oven | Refrigerator |
| Stove |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About Beautiful 2 Bedroom Unit in Parkvale!!
4601 48 Avenue Unit 101, Red Deer This charming 2-bedroom, 1-bathroom apartment in the heart of Parkvale offers a perfect blend of comfort and convenience. The kitchen is complete with modern appliances including a fridge, stove, dishwasher and range hood, this home is available now! The interior exudes a fresh and inviting atmosphere, ideal for singles or couples seeking a cozy living space in a quiet building. Located in a vibrant neighborhood with easy access to local amenities and parks, there is shared laundry in the building. Don’t miss the opportunity to make this beautiful 3rd floor residence your new home! Rent is $1,295.00 Tenant is responsible for power. Security Deposit is $1,295.00 Pets are NOT allowed in the building. 1 year lease is required, as well as tenant insurance. Call The Realty Store Inc. o/a Realty Executives Alberta Elite to view. You can reach our office at 403-341-5554. Facebook: TheRealtyStoreRedDeer Website: www therealtystore ca **Photos shown may be of a similar unit** **We always have a group showing**
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Beautiful 2 Bedroom Unit in Parkvale!! is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Beautiful 2 Bedroom Unit in Parkvale!! has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Beautiful 2 Bedroom Unit in Parkvale!! offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Beautiful 2 Bedroom Unit in Parkvale!! is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Beautiful 2 Bedroom Unit in Parkvale!! is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Beautiful 2 Bedroom Unit in Parkvale!! does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Beautiful 2 Bedroom Unit in Parkvale!! provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Beautiful 2 Bedroom Unit in Parkvale!! compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Downtown Red Deer
2-bedroom apartments at Beautiful 2 Bedroom Unit in Parkvale!! cost about 11% less than the average rent price for 2-bedroom apartments in Downtown Red Deer.
Median rents as of Jun 27 2026.
Downtown Red Deer
Red Deer
| Month | Median Rent |
|---|---|
| November 2024 | $1,345 |
| December 2024 | $1,395 |
| January 2025 | $1,299 |
| February 2025 | $1,317 |
| March 2025 | $1,335 |
| April 2025 | $1,215 |
| May 2025 | $1,135 |
| June 2025 | $1,125 |
| July 2025 | $1,125 |
| August 2025 | $1,195 |
| September 2025 | $1,211 |
| October 2025 | $1,266 |
| November 2025 | $1,195 |
| December 2025 | $1,206 |
| January 2026 | $1,186 |
| February 2026 | $1,119 |
| March 2026 | $1,051 |
| April 2026 | $1,257 |
| May 2026 | $1,295 |
| June 2026 | $1,220 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,395 |
| December 2024 | $1,395 |
| September 2025 | $1,295 |
| October 2025 | $1,266 |
| November 2025 | $1,195 |
| December 2025 | $1,195 |
| January 2026 | $1,195 |
| March 2026 | $1,095 |
| April 2026 | $1,270 |
| May 2026 | $1,296 |
| June 2026 | $1,257 |
Affordability calculator
Can I afford to live at 4601 48 Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$51,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,800 annually to afford this 2-bedrooms monthly rent price of $1,295.
For more information on rent affordability, visit our rent calculator.
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Internet available near Beautiful 2 Bedroom Unit in Parkvale!!
Neighborhood
Downtown Red Deer | Red Deer, AB
Getting around Red Deer near 4601 48 Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 4601 48 Ave, Red Deer
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
4/10
Some bars within walking distance
Explore the area around 4601 48 Ave
FreshCo
4408 50 Ave
Central Alberta Co-op
4707 50 St
Real Canadian Superstore
A-5016 51 Ave
Red Deer AG Foods
3518 50 Ave
IGA Eastview
3839 40 Ave
Bottoms Up Scrubs
4913 48 St
Rob-Rae Clothiers
4807 50 Ave
Great Strides
4804 50 Ave
Sisson Furs
5013 Ross St
Glamour Puss Trends
5007 50 Ave
Coffee Noir
4818 49 St
Starbucks
4408 50 Ave
Tim Hortons
4217 50 Ave
Country Cupboard
5022 50 Ave
Tim Hortons
1 Junction Dr
Lucky's Lounge Ltd
4950 47 Ave
Murphs Bar & Grill
5020 47 Ave
Tiffany's Steakhouse & Lounge
3515 50 Ave
The Vat
5301 43 St
Bellini's Bar & Lounge
3310 50 Ave
Cafe Millennium Inc
4909 49 St
Golden Sun Health Foods Ltd
5016 47 Ave
Red Deer Halal Meats & Asian Foods
5022 47 Ave
European Sausage & Deli
5108 52 St
Fisherman's Pride Seafood
5301 43 St
Park
Central Spray & Play
City Hall Park
Playground
Playground
Lucky Family Restaurant
4815 48 Ave
Noodle House
4815 48 Ave
Momo Sushi
4819 48 Avenu
Food Factory
4311 49 Ave
Phil's Restaurant
4312 49 Ave
WB 45 ST @ 48 AV
HOSPITAL - COLLEGE
SB 47 AV @ 47 ST
ANDERS - VANIER WOODS
NB 47 AV @ 46 ST
ANDERS - VANIER WOODS
NB 49 AV @ 46 ST
GAETZ AVENUE RAPID BUS, HOSPITAL - COLLEGE
SB 47 AV @ 44 ST
ANDERS - VANIER WOODS
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